In the article, the content of settlement operations shown to bank customers in banks, the theoretical basis of its accounting and auditing are presented and analysed with examples.

This paper focus on the enhancement of a cotton quality processing and packages in Nigeria ,Cotton as a natural conmmodity is differentiated by quality parameters based on universal standards that are widely agreed upon and accepted by world cotton trade and consumers. Infact international cotton contracts are based on such standards with defaulters penalised under arbitration. These paraneters are valued differently, depending on domestic conditions, local attitude, intended use of final product and technology in use. Actually, there is direct correlation between specific attributes of cotton lint (constituting about 50% input requirement of the spinners) and the higher the quality of the yarn.